Why this NFT set hit a new all-time high today

The Pudgy Penguin NFT collection reached an all-time high today. The floor price reached a new all-time high of 21.7 ETH.

This significant milestone reflects the increasing popularity of the collection and increasing investor confidence in the digital art and collectibles market.

Pudgy Penguins NFT hit all-time high

The Pudgy Penguin NFT collection is growing in popularity. At the current floor price of $54,529, it has seen a significant increase in the market. In fact, it now stands at a staggering $484,652,037.

Derived from a variety of 150 hand-drawn features, these 8,888 unique NFTs captivate the crypto community. Especially the ethos of “spreading good vibes on the meta”. In the year Since its launch on July 22, 2021, when it traded at an initial price of 0.3 ETH in 19 minutes, the value direction of the collection has increased.

A week after launch, the floor price has already risen to 2.4 ETH, showing the collection's rapid appreciation. The rare Pudgy, #6873, sold for 400 ETH in August 2022, marking a pivotal moment in the stock's status in the NFT market.

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Today's milestone of 21.7 ETH celebrates the stock's financial success and massive cultural impact, with 4,484 unique holders now part of this community.